A truly amazing list of answers, but since one pretty good one is still missing, I'll mention it here: open the csv file with google sheets and save it back to your local computer as an excel file.
In contrast to Microsoft, Google has managed to support UTF-8 csv files so it just works to open the file there. And the export to excel format also just works. So even though this may not be the preferred solution for all, it is pretty fail safe and the number of clicks is not as high as it may sound, especially when you're already logged into google anyway.